Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Sees Significant Decrease in Short Interest

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) was the recipient of a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 3,377 shares, a decrease of 17.6% from the January 15th total of 4,100 shares. Based on an average daily volume of 22,448 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 22,448 shares, the short-interest ratio is presently 0.2 days.

Franklin Liberty Short Duration US Government ETF Stock Performance

NYSEARCA:FTSD traded up $0.06 during trading hours on Tuesday, reaching $91.19. The company’s stock had a trading volume of 17,711 shares, compared to its average volume of 34,204. The stock has a 50 day moving average price of $91.00 and a two-hundred day moving average price of $90.95. Franklin Liberty Short Duration US Government ETF has a 12 month low of $89.65 and a 12 month high of $93.40.

Franklin Liberty Short Duration US Government ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a dividend of $0.3031 per share. This is an increase from Franklin Liberty Short Duration US Government ETF’s previous monthly dividend of $0.29. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

Hedge Funds Weigh In On Franklin Liberty Short Duration US Government ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Thrivent Financial for Lutherans acquired a new stake in shares of Franklin Liberty Short Duration US Government ETF during the third quarter worth $6,984,000. LPL Financial LLC lifted its position in Franklin Liberty Short Duration US Government ETF by 17.7% during the 4th quarter. LPL Financial LLC now owns 466,237 shares of the company’s stock worth $42,432,000 after acquiring an additional 70,066 shares during the period. Integrated Wealth Concepts LLC raised its stake in shares of Franklin Liberty Short Duration US Government ETF by 183.7% in the third quarter. Integrated Wealth Concepts LLC now owns 102,504 shares of the company’s stock worth $9,334,000 after purchasing an additional 66,373 shares during the last quarter. Franklin Resources Inc. boosted its position in Franklin Liberty Short Duration US Government ETF by 15.9% in the fourth quarter. Franklin Resources Inc. now owns 360,014 shares of the company’s stock valued at $32,765,000 after buying an additional 49,267 shares during the last quarter. Finally, UBS Group AG increased its holdings in Franklin Liberty Short Duration US Government ETF by 63.0% in the 4th quarter. UBS Group AG now owns 104,512 shares of the company’s stock worth $9,512,000 after buying an additional 40,396 shares during the period.

Franklin Liberty Short Duration US Government ETF Company Profile

The Franklin Short Duration U.S. Government ETF (FTSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed ETF that aims for a targeted duration of less than three years by investing in short-term debt securities issued or guaranteed by the US-government. The fund manager may also invest in certain interest rate-related derivative transactions. FTSD was launched on Nov 4, 2013 and is managed by Franklin Templeton.